France portfolio long-term debt: United States
France portfolio long-term debt: United States stood at -2,008 EUR million in Q2 2026, according to Banque de France – Webstat (webstat.banque-france.fr). It is one of the indicators in the Balance of payments by partner table (Value · Quarterly), with a complete series running from Q1 2013 to Q2 2026. The complete series with an interactive chart, free to download.
This indicator in the Balance of payments by partner table
| Indicator | Q2-2026 | Q1-2026 | Q4-2025 | Q3-2025 | Q2-2025 | Q1-2025 | Q4-2024 | Q3-2024 | Q2-2024 | Q1-2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Portfolio investment, net acquisition of foreign securities | -5,097 | 6,415 | 28,240 | 13,492 | -2,647 | 43,403 | 22,076 | 27,823 | 28,060 | 49,536 | |
| Long-term debt securities | -2,008 | 22,055 | -2,040 | 13,418 | 17,049 | 23,214 | -1,546 | 8,443 | 12,955 | 16,359 | |
| Short-term debt securities | -271 | 1,403 | -4,552 | 5,200 | -334 | 2,896 | -1,762 | -497 | -1,210 | 204 |
Understanding france portfolio long-term debt: United States
Net acquisition of long-term debt securities issued by American entities and purchased by domestic residents is tracked here, covering bonds and notes with an original maturity exceeding one year. Transactions reflect market purchases and sales of fixed-income instruments, excluding short-term money market instruments and direct equity holdings. This series isolates debt financing instruments with extended repayment horizons from short-term liquidity movements.
Interpreting these flows requires attention to global interest rate shifts and bond market volatility, which can provoke sudden portfolio rebalancing. Initial monthly and quarterly estimates undergo regular revision as custodian surveys and clearinghouse settlement records are updated. Analysts should focus on cumulative medium-term positions rather than isolated quarterly fluctuations, and avoid confusing long-term debt transactions with direct investment debt between affiliated enterprises.
Frequently asked questions
- What defines the maturity threshold for securities in this series?
- Instruments must carry an original maturity of greater than one year, such as corporate or government bonds.
- Does this cover short-term notes or commercial paper?
- No, short-term debt instruments are recorded under a separate financial account classification.
- Why do these portfolio debt figures fluctuate significantly across quarters?
- Shifts in international interest rates and shifting risk sentiment prompt investors to rapidly buy or sell foreign bond holdings.